Monika Alcobev has re-appointed Agrawal Mundra & Associates as its Secretarial Auditor for the financial year 2026–27. The Board of Directors approved the appointment during a meeting held on August 5, 2026, ensuring continuity in corporate governance oversight for the upcoming fiscal period.

The decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The Board meeting commenced at 4:30 P.M. and concluded at 5:11 P.M. on August 5, 2026.

Agrawal Mundra & Associates (AMA), identified by Firm Unique Identification No. P2019MP077600, is a peer-reviewed firm of Practising Company Secretaries established in 2019. The firm maintains offices in Mumbai and Indore and operates a network of associates at other locations. AMA provides corporate secretarial and compliance advisory services to a diverse client base including start-ups, listed companies, large corporates, and multinational entities. The firm is managed by partners with more than five years of professional experience, supported by a team of qualified professionals.

Appointment Details

The disclosure confirms that there are no relationships between directors and the appointed firm that require further clarification under the regulatory framework. The full details of the appointment are available on the company’s website at www.monikaalcobev.com .

What the Numbers Show

The re-appointment of a peer-reviewed firm with established offices in key financial hubs like Mumbai and Indore suggests a focus on robust compliance infrastructure. With partners holding more than five years of experience, the firm is positioned to handle complex secretarial audits for a listed entity. The continuity of the auditor from the previous term indicates stability in the company’s governance framework, allowing for consistent monitoring of regulatory adherence without the disruption of onboarding a new audit firm.

Monika Alcobev Limited has entered into a strategic partnership with Angostura to import, distribute, and market the Caribbean brand’s portfolio across key Indian markets. The collaboration aims to formalize Angostura’s presence in India’s premium spirits segment, addressing previous limitations where the brand was largely available through unofficial channels. The partnership is expected to strengthen the brand’s footprint in bars, restaurants, retail outlets, and hospitality destinations nationwide.

The disclosure was made on July 27, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company notified BSE Limited regarding the press release titled “Monika Alcobev Announces Partnership with Angostura, Bringing the Iconic Caribbean Brand to India.”

Portfolio and Rollout Plan

Under the agreement, Monika Alcobev will spearhead the distribution of three core products:

• Angostura 5-Year-Old Rum
• Angostura Aromatic Bitters
• Angostura Orange Bitters

The products will initially launch in Maharashtra and Delhi. Following this initial phase, the company plans a phased expansion into other states across India.

Strategic Context

Monika Alcobev currently represents more than 100 international brands across India and neighboring South Asian markets. Its portfolio spans tequila, whiskey, gin, rum, wines, and liqueurs, including globally acclaimed labels such as Jose Cuervo, Remy Martin, Cointreau, and Ron Diplomático. The company operates across HORECA, Retail, and Travel Retail channels.

Kunal Patel, Managing Director of Monika Alcobev, stated that Indian consumers are showing increased interest in authentic brands with provenance and craftsmanship, particularly within evolving cocktail culture. He noted that drinks such as the Picante are increasingly shaping urban consumption trends.

Ian Forbes, Chief Executive Officer of Angostura, described the partnership as an effort to position Angostura as a premium lifestyle brand in India. He highlighted opportunities to collaborate with bartenders, mixologists, retailers, and hospitality partners to showcase the brand’s versatility.

What the Numbers Show

While no financial values were disclosed for this specific partnership, the strategic move aligns with Monika Alcobev’s broader growth trajectory following its SME IPO in July 2025. The acquisition of a legacy brand like Angostura, established in 1824, signals a shift toward consolidating high-equity, bartender-affinity labels rather than solely relying on volume-driven imports. This approach may enhance margin stability by leveraging established brand loyalty in the premium segment, although success will depend on execution in the competitive Maharashtra and Delhi markets first.